Banking

By The Center for Economic and Policy Research The New York Times seems to think it is a newspaper’s job to promote bank panics wherever possible. It would be difficult to explain its reporting on the Silicon Valley Bank’s (SVB) collapse any other way. Last week it ran a piece implying that Silicon Valley’s tech sector was […]

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Briahna Joy Gray and Matt Stoller discuss the collapse of SVB, and anti-trust in relation to East Palestine and the prospective merger between Jet Blue and Spirit Airlines.

The post The Roots of the Silicon Valley Bank Collapse (w/ Matt Stoller) appeared first on scheerpost.com.

This is a wide-ranging discussion about the anatomy of bank failures. Dave Kelley, the moderator, is a pension actuarial expert, headquartered in Ohio. Chairman of the Domestic Policy subcommittee of the Govt Oversight Committee, Kucinich, as a senior member of Congress, investigated the subprime meltdown (see you tube videos), grilling Wall Street titans. Michael Hudson […]

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Qun Harris, Ieva Sakalauskaite and Misa Tanaka After the 2007–08 Global Financial Crisis (GFC), several jurisdictions introduced remuneration regulations for banks with the aim of discouraging excessive risk-taking and short-termism. One such regulation is the bonus cap rule which was first introduced in the European Union (EU) and the United Kingdom (UK) in 2014. This … Continue reading Does the bonus cap work? →

The payments system is merely a technical and bookkeeping question, mundane in the end. The idea of operating it with only reserves puts in stark relief a far more important question: What is the point of banks at all?

I have been looking at The Moorad Choudry Anthology: Past, Present and Future Principles of Banking and Finance (Amazon affiliate link, and as the title suggests, by Moorad Choudhry) as a source for my banking primer. Professor Choudhry teaches in the M.Sc.